Survivorship Bias and Mutual Fund Performance: Relevance, Significance, and Methodical Differences*
نویسندگان
چکیده
منابع مشابه
Survivorship Bias and Mutual Fund Performance: Relevance, Significance, and Methodical Differences
This paper is the first to systematically test the significance of survivorship bias using a comprehensive database and to test the significance of the differences of survivorship biases resulting from different methodical approaches. We apply the various methods most commonly used in the literature on a uniform dataset. In addition, we analyze the performance of closed funds as the driver of s...
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ژورنال
عنوان ژورنال: Review of Finance
سال: 2010
ISSN: 1573-692X,1572-3097
DOI: 10.1093/rof/rfq023